If Bitcoin breaks through $109,000, the total short liquidation volume on major CEXs will reach $1.345 billion.

BlockBeats News, October 18th, according to Coinglass data, if Bitcoin rebounds above $10.9K, the cumulative short liquidation intensity of mainstream CEXs will reach $1.345 billion.

On the other hand, if Bitcoin falls below $10.4K, the cumulative short liquidation intensity of mainstream CEXs will reach $1.5 billion.

BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the precise value of contracts being liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to neighboring liquidation clusters, i.e., intensity.

Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense response due to a liquidity cascade.